The United Parcel Service (UPS) said on Thursday that it is offering buyouts to full-time U.S. delivery drivers as part of ...

The United Parcel Service has announced that it is offering buyouts to full-time drivers as part of its execution of "the ...

UPS offers union drivers severance amid a major network reconfiguration, sparking union disputes over contract compliance and ...

The company is cutting costs because of flat parcel volumes, rising labor costs and a long stock-price slide.

The stock's fall snapped a two-day winning streak.

United Parcel Service Inc. plans to offer voluntary buyouts to union-represented delivery drivers for the first time in the ...

Investing.com -- United Parcel Service (NYSE: UPS) announced Thursday it will offer voluntary buyouts to full-time U.S.

United Parcel Service (UPS) is offering buyout packages to its U.S.-based delivery drivers. The move comes as the company ...

As part of a larger restructuring of the company, UPS announced earlier this year that it would lay off 20,000 of its 500,000-strong workforce.

According to The Wall Street Journal, the average full-time driver for UPS makes around $170,000 annually. That was agreed to in the 2023 deal that UPS made with the Teamsters. The labor union isn't ...